One Global ETF

One Global ETF (FFND) is an actively managed fund from Future Fund Advisors. It picks stocks it thinks will gain from long-term trends such as green energy, online shopping or cybersecurity, with at least 30% of assets tied to business outside the U.S. Its cost sets it apart: an expense ratio of 0.98%, against a 0.13% average for funds with similar holdings. It may also short stocks and use futures.

• Over the year to Oct 27, 2026, FFND returned +5.9%, 9th of 9 among similar funds.
• Its 5-year annualized return was +4.2%.
• Its worst full calendar year was 2022 (-39.8%); its best was 2023 (+40.0%).
• The deepest fall in its price history was 47.8% (Nov 8, 2021 to Dec 28, 2022), recovered by Jun 27, 2025.

As of Aug 31, 2026, the fund held 89 securities; the ten largest made up 25.98% of assets.

By sector

• Over the three months to Aug 31, 2026, investors withdrew a net $5.9M (creations minus redemptions, per the N-PORT report).
• Monthly total returns reported for that quarter: -0.15%, +0.53%, +1.26%.

FFND does not track an index. Its adviser, Future Fund Advisors, uses its own research to spot "secular trends": slow, lasting shifts in technology, consumer tastes, demographics, regulation and the environment. It then looks for "thematic winners," meaning companies it thinks can profit from those trends and still trade at reasonable valuations. At least 80% of assets go into U.S.-listed stocks and ADRs. ADRs (American Depositary Receipts) are certificates traded in the U.S. that stand for shares of foreign companies. At least 65% goes to companies worth more than $2 billion.

At least 30% must go to companies based outside the U.S., or to companies that earn at least half their revenue or hold at least half their assets abroad. The fund must also hold companies from at least three countries. Because the revenue and asset test counts too, U.S. multinationals can qualify. As of August 31, 2026, the fund held 89 positions, and companies based in the U.S. made up about 71%. The largest holdings were Apple (4.4%), Amazon (4.3%) and Nvidia (3.2%). The top ten made up 26%, and ADRs such as Rolls-Royce and BAE Systems were among the holdings.

The fund may short "thematic losers," meaning it bets against them. It may also use futures, options and other ETFs to adjust its market exposure. The August 2026 report showed no derivatives. Turnover was 72%, above the "low to moderate" level the adviser says it expects, and more trading can mean higher costs.

• FFND charges 0.98% a year, versus an average of 0.13% for the similar funds below (9th of 9, cheapest first).
• Of that, 0.5% is the management fee; the rest covers other fund expenses.
• The fee includes a 0.12% waiver from the adviser, which may end.
• Using the prospectus's standard example, $10,000 invested would cost about $88 in the first year and $1,190 over 10 years (assuming a 5% annual return).

FFND is an actively managed, trend-driven stock fund with a high fee and a past drop of 47.8%, so it fits better as a small side holding than as a portfolio's foundation.

FFND launched in August 2021, so it has no record through the 2008 or 2020 crashes. In the 2022 bear market it fell 37.5% between January 3 and June 16, 2022, and took about 29 months to get back to its earlier high. Its deepest drop was 47.8%, from November 2021 to December 2022, and it did not fully recover until June 2025. Its worst calendar year was 2022, at -39.4%. Anyone who had to sell shares during that stretch would have locked in large losses. Income is small. The trailing yield was 0.63% as of October 27, 2026, paid once a year. In the SEC's standard example, $10,000 invested costs $88 in the first year and $1,190 over 10 years. Past results don't predict future ones, and a plan should look at the whole portfolio, not one fund.

Matched by holdings overlap from the latest N-PORT reports.